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Moneymax Financial Services (SGX:5WJ) Return-on-Tangible-Equity : 26.02% (As of Dec. 2024)


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What is Moneymax Financial Services Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Moneymax Financial Services's annualized net income for the quarter that ended in Dec. 2024 was S$43.3 Mil. Moneymax Financial Services's average shareholder tangible equity for the quarter that ended in Dec. 2024 was S$166.3 Mil. Therefore, Moneymax Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 26.02%.

The historical rank and industry rank for Moneymax Financial Services's Return-on-Tangible-Equity or its related term are showing as below:

SGX:5WJ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.48   Med: 14.4   Max: 24.27
Current: 24.14

During the past 13 years, Moneymax Financial Services's highest Return-on-Tangible-Equity was 24.27%. The lowest was 5.48%. And the median was 14.40%.

SGX:5WJ's Return-on-Tangible-Equity is ranked better than
78.96% of 1041 companies
in the Retail - Cyclical industry
Industry Median: 7.55 vs SGX:5WJ: 24.14

Moneymax Financial Services Return-on-Tangible-Equity Historical Data

The historical data trend for Moneymax Financial Services's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Moneymax Financial Services Return-on-Tangible-Equity Chart

Moneymax Financial Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.27 19.58 18.72 16.85 23.83

Moneymax Financial Services Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.92 15.13 19.01 22.37 26.02

Competitive Comparison of Moneymax Financial Services's Return-on-Tangible-Equity

For the Specialty Retail subindustry, Moneymax Financial Services's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Moneymax Financial Services's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Moneymax Financial Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Moneymax Financial Services's Return-on-Tangible-Equity falls into.


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Moneymax Financial Services Return-on-Tangible-Equity Calculation

Moneymax Financial Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=38.216/( (142.288+178.462 )/ 2 )
=38.216/160.375
=23.83 %

Moneymax Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=43.28/( (154.156+178.462)/ 2 )
=43.28/166.309
=26.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Moneymax Financial Services  (SGX:5WJ) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Moneymax Financial Services Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Moneymax Financial Services's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Moneymax Financial Services Business Description

Traded in Other Exchanges
N/A
Address
7 Changi Business Park Vista, No. 01-01, SOOKEE HQ, Singapore, SGP, 486042
Moneymax Financial Services Ltd is an investment holding company. The company's business segments are Pawnbroking, Retail trading of gold and luxury items, Secured Lending and Other operations including investment holding and provision of other support services. It operates an online platform for shopping, MoneyMax Online, as well as pre-owned luxury retail outlet. The company operates a pawnbroking chain to offer an online platform to shop, sell and appraise their valuables. Its geographical segments are Singapore and Malaysia, of which the vast majority of its revenue comes from Singapore.

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